Get started

Myxshort

3 Altcoins That May Hit All-Time Highs In First Week Of October MYX appears ready to aim for a new high, sitting 25.4% away from its next resistance. The altcoin has secured $14.04 as a strong support level, giving investors confidence that upward momentum could continue if broader market conditions align with bullish sentiment. A further rally will depend on both market support and investor activity. If momentum builds, MYX could retest its $19.98 all-time high and surpass it. Breaking past this critical resistance level would open the door for a move toward $22.00, signaling stronger upside potential in the near term. However, if MYX fails to maintain $14.04 as support, the bullish outlook could quickly collapse. The altcoin risks falling back toward $10.54, which would mark a significant retracement. Losing this support level would invalidate the bullish thesis.
by BeInCrypto
$MYX Performing Ascending Triangle Chart PatternsHow to Trade an Ascending Triangle Here’s how traders can approach a stock that’s forming an ascending triangle pattern. Step 1: Identify the Pattern Formation To find an ascending triangle pattern, look for a stock that had a strong uptrend and is now trading sideways. A horizontal area of resistance should be clearly visible in the chart, while drawing trendline across the stock’s lows should yield an ascending line. Step 2: Wait for the Breakout Ascending chart patterns can take weeks to months to fully develop. Each new test of the resistance area has the potential to break out, but traders should be wary of false breakouts. A sustained breakout will typically be accompanied by above-average trading volume. The closer the ascending trendline comes to meeting the horizontal resistance line, the more likely a breakout is to occur. Step 3: Enter a Trade Traders can enter a bullish trade once a breakout is confirmed. Step 4: Exit the Trade The expected price movement of the breakout is equal to the price difference at the widest part of the ascending triangle pattern. You can measure the distance between the resistance area and the lowest low at the start of the pattern and add that to the resistance area to calculate a profit target for the trade.
Long
by Crypto-Adda_Official
MYX Finance Price Nears ATH Post 22% Rise But Reversal Is LikelyAt the time of writing, MYX trades at $18.22 after surging 30% in the past 24 hours. The token recently set a new ATH on Tuesday and is now just shy of reclaiming that milestone, with momentum favoring another upward push. Still, the threat of reversal looms. Historically, tokens entering fresh ATH zones often transition from accumulation to profit-taking phases. If investors book profits aggressively, MYX could retreat toward $11.52 or even lower, erasing part of its recent gains. Conversely, if holders remain resilient and resist selling pressure, MYX could breach its ATH of $18.91 and push past $20.00. Such a move would invalidate the bearish outlook, setting the stage for another leg higher.
by BeInCrypto